Khaleeq Kiani

2 weeks ago | dawn.com | Khaleeq Kiani

Major crops down 13.5pc amid water crisis, restricting agriculture and overall GDP growth; Industry, services underperform.

3 weeks ago | dawn.com | Khaleeq Kiani

ISLAMABAD: Almost forty-five per cent of Pakistan’s population lives below the poverty line, according to a World Bank report released on Thursday. The finding, based on a survey conducted in 2018-19, comes in the wake of an update of global poverty lines made by the bank, and not because of any change in underlying economic conditions across the world. The proportion of people living in extreme poverty has risen from 4.9pc to 16.5pc, according to the report.

3 weeks ago | dawnnews.tv | Khaleeq Kiani

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3 weeks ago | dawn.com | Khaleeq Kiani

• Lender wants agri tax enforced, takes exception to plan to sell surplus power at cheaper rates • Fund calls for strategy to stop tax evasion, financial leakage; opposes provincial energy subsidisesISLAMABAD: Amid final consultations on the budget, the International Monetary Fund (IMF) wants strict compliance with programme requirements, including the coverage of agriculture income tax in provincial budgets to ensure effective collection starting no later than September 2025.

3 weeks ago | dawn.com | Khaleeq Kiani

• NEC approves plan with consensus as govt eyes 4.2 per cent growth in next fiscal year • Centre to finance projects worth Rs1 trillion amid 29pc PSDP cut, provincial allocations to fund the rest • Sindh, KP ‘unhappy’ with exclusion of projects from federal budget • Premier, all CMs to meet today on Indian moves against Pakistan’s water ISLAMABAD: Fuelled by a 22pc increase in provincial allocations, the National Economic Council (NEC) on Wednesday approved with consensus a record Rs4.22...